Cost and Works Accountants Act, 1959
110. Place of business in India
It shall be obligatory on a member of the Institute to have a
place of business in India in his own charge or in charge of another member of
the Institute. Particulars of such place of business shall be supplied by the
member to the Council initially and whenever there is a change of such place of
business:
PROVIDED , however, that the Council may in the case of
a persona not covered by the proviso to section 4(1)(iv), allow a member to
specify a place of business in India whether he has business in India or not
which is neither in his own charge nor in charge of another member of the
Institute, and in that event, such place shall be deemed to be the place of
business for the purposes of section 21 and his professional address for
purposes of sub-regulation (6) of Regulation 7 and Regulation 53. Particulars
of any change of such place of business shall be furnished to the Council
whenever there is a change:
PROVIDED FURTHER that in the case of a member who is a salaried
employee of a Cost Accountant in practice or a firm of such Cost Accountants in
practice, the place of business of his employer(s) shall be deemed to be his
place of business for the purposes of section 21.